Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Justin Gress Appointed as Chief Operating Officer at HDI Global US

Justin Gress Appointed as Chief Operating Officer at HDI Global US

AD Ports to Advance Bunkering, Alternative Marine Fuels at Khalifa Port with IRH Global Trading

AD Ports to Advance Bunkering, Alternative Marine Fuels at Khalifa Port with IRH Global Trading

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Asyad, CMA CGM Partner on $400M Logistics Terminal in Oman

Asyad, CMA CGM Partner on $400M Logistics Terminal in Oman

Subscribe for Maritime Logistics Professional E‑News

Maguire: 'Roi-Hormuz is half-open, but tanker prices are recovering in hope:
Canada - June 30
Air New Zealand names Kris Cudmore CFO and delays Boeing 787 delivery